Business Bureau

“Toyota Kirloskar Motor (TKM) today announced a price increase of its products, ranging from 0.5% to 2.5% on select models & variants with effect from January 1, 2024. This increase was necessitated to partially offset the rising input costs. However, the overall price adjustment has been carefully moderated, taking into account a minimum impact on our esteemed customers. We are always grateful for the continued trust and confidence, our customers have shown in our entire product portfolio. As a customer-centric company, TKM remains steadfast in its commitment to catering to the ever-evolving needs of the market.”

Samsung has announced a pre-reserve for its next flagship Galaxy smartphone in India, which will be unveiled later this month.  Pre-reserved customers will be eligible for early access and special offers on purchasing the new Galaxy devices.  Customers can pre-reserve the devices by paying a token amount of INR 2000 on Samsung.com, Samsung Exclusive stores, Amazon.in, and leading retail outlets across India. Pre-reserved customers will receive a benefit worth INR 5000. Samsung aims to further drive the latest era of Galaxy innovation and consolidate its position as the industry leader. The next generation of flagship devices will be unveiled at…

Galaxy is opening a New Era of Mobile AI, a revolutionary mobile experience to discover a new era full of possibilities with the latest Galaxy innovations, designed to transform how you live, connect, and create. The new Galaxy S series will set a higher standard for the most intelligent mobile experience yet. The Galaxy S series will set a new standard for the most intelligent mobile experience yet. On January 17, Samsung Electronics will host Unpacked in San Jose, where they will unveil premium Galaxy innovations powered by AI. The event will be streamed live on Samsung.com, Samsung Newsroom India,…

Tata Passenger Electric Mobility (TPEM), the pioneer of the EV evolution in India, has introduced its first Pure EV architecture, acti.ev. This architecture, which stands for Advanced Connected Tech-Intelligent Electric Vehicle, will underpin future products from the TPEM portfolio. The first product to be launched on this Pure Electric Architecture is Punch.ev, which will spawn a variety of products with multiple body styles and sizes. Customers can book their Punch.ev at Tata Motors showrooms or Tata.ev stores for just ₹21,000. Chief Products Officer, Anand Kulkarni, said that the architecture is designed to enable class-leading efficiencies, maximize space, battery capacity, and…

Shree Cement Limited has undertaken a strategic overhaul of its corporate brand identity, introducing 'Bangur' as the master brand. This move is underlined by the company's philosophy of "Build Smart," encapsulating its consumer proposition, organizational ethos, and national aspirations.The grand revelation took place at a glittering event in New Delhi, attended by over 8,000 stakeholders, including stockists, dealers, and retailers. The charismatic Bollywood actor, Mr Sunny Deol, was unveiled as the brand endorser, adding star power to the new 'Bangur' identity. Managing Director of Shree Cement Ltd, Mr Neeraj Akhoury, emphasized the alignment of the brand strategy with evolving customer…

Ujjivan Small Finance Bank has introduced the Maxima Savings Account and Business Maxima Current Account for premium customer segments. The Maxima Savings Account offers premium banking services with curated lifestyle, wellness, and entertainment benefits, while the Business Maxima Current Account caters to the unique business needs of medium and large business entities. The annual interest rate on the Maxima Savings Account is up to 7.5%, offering customers the flexibility to maintain ₹15 lakh or more in fixed deposits. The account also offers higher transaction limits, free cheque & DD issuances, free transactions across all channels, and unlimited cash deposits and…

Indian pharma companies are facing challenges in manufacturing practices, which are affecting their brand and the reputation of the industry. The government has ordered pharma companies, particularly MSMEs, to acquire Good Manufacturing Practices (GMP) certificates within 6 to 12 months. However, only 2,000 of the 10,500 manufacturers have a GMP certificate, highlighting the problem. The government must also take a proactive stance on the usage of Pharmacopoeia monographed solvents and excipients, such as IPA, Acetone, MDC, and Methanol, by Indian drug manufacturers. The Indian Pharmacopoeia Commission mandates maintaining pharmacopeia standards, but Indian drug manufacturers often use non-pharmacopeia-grade solvents. This not…

ITC Sunfeast Farmlite, a range of wholesome biscuits from ITC Foods, has introduced its first 100% outer paper bag packaging for its Digestive Biscuit Family pack. This innovation is a trendsetting move in the biscuit category, as it aligns with the brand's efforts to reduce plastic and encourage sustainable choices in everyday purchases.  The ergonomic design aspects have been carefully curated to make the packaging consumer-friendly, visually appealing, and convenient. Sunfeast Farmlite acknowledges the increasing importance of environmentally responsible brands in consumers' purchasing decisions, and the new packaging caters to their enlightened preferences. Ali Harris Shere, Chief Operating Officer of…

Škoda Auto India has achieved a sales milestone of selling over 1,00,000 cars in the last two years, thanks to its India-centric product strategy. The company launched two world-class products, the Kushaq and Slavia, which took the company over six years to reach. In 2022, the company registered sales of 53,721 cars, but in 2023, it achieved sales of 48,755 units. The Kodiaq also recorded a 100% jump in sales volume, making India a key market for Škoda Auto. The company has expanded its network and customer base, with 260 touchpoints at the end of 2023. Brand Director Petr Janeba…

Symbiosis International (Deemed University) has announced the application dates for its entrance tests, SET - General (Symbiosis Entrance Test), SET – Law (Symbiosis Law Admission Test), and the Symbiosis Institute of Technology Engineering Entrance Exam (SITEEE). These tests are conducted in Computer Based Test (CBT) mode across 76 cities in India. The SET 2024 registration process began on December 13, 2023, and will remain open for approximately four months. Programs to apply through SET 2024 include B.B.A, B.C.A, Information Technology, Mass Communication, B.Sc. (Economics), and B.Sc. (Applied Statistics and Data Science).The Symbiosis Law Admission Test (SLAT) will be conducted on…